The price of SUI has increased by more than 100% from its April low of around $1.70. The price has been consolidating for some days, but some fundamental and technical metrics suggest it could still be in for some major spikes.
Sui isn’t just riding on short-term hype. The fundamentals behind the project remain strong—and that’s exactly what Marco Polo (@MarcoPoloMaps) highlighted in a recent X post where he stated, “$SUI is still not done! Structure looks sharp.” His breakdown of Sui’s underlying architecture and ecosystem reminds us why many investors continue to take it seriously.
According to Marco, Sui is a high-performance Layer 1 built by former Meta engineers at Mysten Labs. The blockchain is optimized for scalability and low latency and was designed from scratch to support next-generation Web3 applications.
One of its most powerful features is its object-centric model. Unlike most blockchains that use a traditional account-based structure, Sui allows each object to be handled independently, enabling transactions to run in parallel. This allows the network to hit extremely high throughput with finality in under 400 milliseconds.
Marco also points out that Sui’s smart contracts are written in Move: a secure, purpose-built language initially created by Meta for the Diem blockchain. Move’s architecture focuses on resource control and safety, giving Sui an edge in contract execution and digital asset management.
The Sui ecosystem is growing fast, too. Marco highlights active DeFi protocols like Suilend and NAVI—NAVI alone accounts for around 40% of the chain’s $1B in total value locked. On the gaming side, developers like Netmarble and Lucky Kat are building Web3 experiences powered by Sui’s NFT infrastructure. SuiNS, a decentralized naming service, is also adding utility to everyday interactions.
But what really underlines long-term confidence is the growing institutional attention. Marco notes that ETF filings from Canary and 21Shares, along with partnerships with Fireblocks, are early signs of deeper financial integration. These aren’t just speculative plays—they’re signs that serious capital is watching Sui closely.